Jazz Resources Inc. Receives Dtc Eligibility
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR
DISSEMINATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.
JAZZ RESOURCES INC. RECEIVES DTC ELIGIBILITY
August 10, 2022 TSXV: JZR
Vancouver, British Columbia, Canada – Jazz Resources Inc. (the “ Company” or “ JZR”) is pleased to announce that its
common shares (“Shares”) have been made eligible for book -entry and depository services of the Depository Trust Company
(“DTC”) to facilitate electronic clearing and settlement of transfers of its Shares in the United States.
DTC is a subsidiary of the Depository Trust & Clearing Corporation, a United States company that manages electronic clearing
and settlement for publicly traded companies. Securities that are eligible to be electronically cleared and settled through the DTC
are considered to be “DTC eligible”.
DTC eligibility is expected to simplify the process of trading and transferring the Shares and to enhance the liquidity of the Shares
in the United States because of the accelerated settlement period and the expec ted reduction in costs for investors and brokers,
enabling the Shares to be traded over a wider selection of brokerage firms.
For further information please contact:
Robert Klenk
Chief Executive Officer
Forward-Looking Statements
Certain information in this news release may contain forward-looking statements that involve substantial known and unknown risks and
uncertainties. Forward-looking statements are often identified by terms such as “will”, “may”, “should”, “anticipate”, “expects” and
similar expressions. All statements other than statements of historical fact included in this news release are forward-looking statements
that involve risks and uncertainties. There can be no assurance that such statements will prove to be accura te and actual results and
future events could differ materially from those anticipated in such statements. Forward-looking statements in this news release include,
but are not limited to, statements regarding the expected simplification of trading and tran sferring the Company’s common shares in
the United States, that DTC eligibility will enhance liquidity of the Company’s shares in the United States, and the expected reduction
in costs for investors and brokers. Important factors that could cause actual results to differ materially from the Company’s expectations
include, but are not limited to, external events or events of third parties beyond the Company’s control which may result in the Company
or investors not receiving the expected benefits of DTC eligibility and other risks detailed from time to time in the filings made by the
Company with securities regulat ory authorities. The reader is cautioned that assumptions used in the preparation of any forward -
looking statements may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted,
as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of th e
Company. The reader is cautioned not to place undue reliance on any forward-looking statements. Such statements although considered
reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those
anticipated. Forward -looking statements contained in this news release are expressly qualified by this cautionary statement. The
forward-looking statements contained in this news release are made as of the date of this news release and the Company disclaims any
intention or obligation to update or revise such information, except as required by applicable law.
Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Ven ture Exchange)
accepts responsibility for the adequacy or accuracy of this press release.
None of the securities of JZR have been registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state
securities law, and may not be offered or sold in the United States or to, or for the account or benefit of, persons in the U nited States or “U.S.
persons” (as such term is defined in Regulation S under the U.S. Securities Act) absent registration or an exemption from such registration
requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy in the United States nor shall there be any
sale of the securities in any State in which such offer, solicitation or sale would be unlawful.